Walmart Inc. $WMT Stock: Generali Asset Management SPA SGR Lowers Stake

Generali Asset Management SPA SGR reduced its position in shares of Walmart Inc. (NASDAQ:WMT) by 6.4% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 166,862 shares of the retailer’s stock after selling 11,418 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Walmart were worth $17,340,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in WMT. Bank of America Corp DE bought a new stake in Walmart during the second quarter valued at $7,455,131,000. Legal & General Group Plc acquired a new stake in shares of Walmart during the second quarter worth $2,905,655,000. Canada Pension Plan Investment Board acquired a new stake in shares of Walmart during the second quarter worth $796,677,000. Deutsche Bank AG raised its holdings in shares of Walmart by 54.0% during the second quarter. Deutsche Bank AG now owns 18,607,297 shares of the retailer’s stock worth $2,107,462,000 after purchasing an additional 6,525,224 shares during the period. Finally, Amundi boosted its holdings in shares of Walmart by 44.4% in the 2nd quarter. Amundi now owns 20,796,957 shares of the retailer’s stock valued at $2,355,463,000 after buying an additional 6,393,326 shares during the period. 26.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Walmart news, EVP Daniel Bartlett sold 3,990 shares of the company’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $104.41, for a total value of $416,595.90. Following the completion of the transaction, the executive vice president owned 618,359 shares in the company, valued at approximately $64,562,863.19. This represents a 0.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Christopher Nicholas sold 2,900 shares of the company’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $120.60, for a total transaction of $349,740.00. Following the completion of the transaction, the executive vice president owned 563,353 shares of the company’s stock, valued at approximately $67,940,371.80. This trade represents a 0.51% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 102,244 shares of company stock worth $11,112,044 over the last three months. Insiders own 0.09% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on WMT. The Goldman Sachs Group reaffirmed a “buy” rating and set a $130.00 price objective on shares of Walmart in a research report on Friday, August 21st. Guggenheim set a $130.00 target price on shares of Walmart and gave the stock a “buy” rating in a report on Friday, August 21st. Freedom Capital upgraded Walmart from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 20th. BNP Paribas Exane restated an “outperform” rating and issued a $137.00 target price (down from $146.00) on shares of Walmart in a research note on Friday, August 21st. Finally, Tigress Financial reaffirmed a “buy” rating and set a $155.00 target price on shares of Walmart in a report on Monday, August 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Walmart has an average rating of “Buy” and a consensus price target of $132.41.

More Walmart News

Here are the key news stories impacting Walmart this week:

• Positive Sentiment: Walmart is opening its platform to AI shopping agents through an “Agent Gateway,” giving third-party AI tools controlled access to product discovery and checkout. The initiative could improve e-commerce reach, customer engagement and digital sales. Walmart Opens Its Store to AI Shopping Agents
• Positive Sentiment: Walmart’s AI strategy is also expanding through agent profiles and a partnership with Meta, potentially positioning the retailer to benefit as “agentic shopping” becomes more common. Can Walmart’s AI Strategy Unlock Digital Growth?
• Positive Sentiment: More than 2.1 million Walmart associates were surveyed, and employees who completed AI training reported greater confidence using the technology. Better adoption could support productivity and execution of Walmart’s technology investments. Walmart AI Training Workers
• Positive Sentiment: Walmart announced three holiday shopping events and is emphasizing value-focused promotions. Strong holiday traffic and sales could provide a near-term catalyst, although the events may pressure margins through discounts. Walmart Triple Holiday Event
• Positive Sentiment: Partnerships with Subway, Dunkin’ and Papa John’s could make Walmart’s delivery network cheaper for restaurants and consumers, supporting marketplace scale and delivery utilization. Walmart Food Delivery
• Neutral Sentiment: Walmart expanded Better Care Services with General Medicine’s provider catalog, broadening its healthcare offering but with no disclosed material earnings impact. Walmart Better Care Services Expansion
• Neutral Sentiment: A report showing zero short interest and zero days to cover is unlikely to be a meaningful trading signal and may reflect a data-reporting issue. ETF net selling was a modest technical headwind. ETF Selling of Walmart
• Negative Sentiment: A lawsuit alleges Walmart inflated shrimp package weights with ice, creating potential legal, reputational and consumer-trust risks, although the financial impact is currently unclear. Walmart Shrimp Lawsuit
• Negative Sentiment: Investor Michael Burry is considering reducing or selling Walmart among holdings he views as richly valued. The comments reinforce valuation concerns after the stock’s strong October performance without a higher earnings forecast. Michael Burry Walmart Position

Walmart Price Performance

Shares of WMT opened at $119.32 on Wednesday. Walmart Inc. has a 1 year low of $98.88 and a 1 year high of $135.15. The firm has a fifty day moving average of $109.63 and a 200-day moving average of $118.31.

Walmart (NASDAQ:WMT) last released its quarterly earnings results on Thursday, August 20th. The retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.74 by $0.07. The firm had revenue of $187.94 billion for the quarter, compared to the consensus estimate of $186.64 billion. During the same quarter in the prior year, the company posted $0.68 EPS. The firm’s revenue was up 5.9% on a year-over-year basis. Walmart has set its Q3 2027 guidance at 0.620-0.640 EPS and its FY 2027 guidance at 2.800-2.870 EPS. Analysts expect that Walmart Inc. will post 2.88 earnings per share for the current year.

About Walmart

Walmart Inc (NASDAQ:WMT) operates a global retail business through a network of supercenters, supermarkets, discount stores, neighborhood markets, warehouse clubs and e-commerce platforms. Its stores and websites sell a broad assortment of merchandise, including groceries, consumables, health and wellness products, apparel, electronics, home goods, toys and other general merchandise.

The company organizes its operations into Walmart U.S., Walmart International and Sam’s Club U.S. Walmart U.S.